ULI Report: The Millennial Generation, Where Will They Live?
HOUSTON – The lack of affordable housing is steering many Millennials away from the higher cost housing in American downtowns. Instead, many Millennials are residing...
Category : Breaking News
Rich Kinder Tells ULI: $100 Billion in Construction on Gulf Coast Over Next 10 Years
HOUSTON – Advancements and innovations in domestic energy production caused the world’s decline in oil prices over the last year, said Rich Kinder, chief executive...
NewQuest Developing First Louisiana Retail Project
SHREVEPORT, La. – Houston-based NewQuest Properties is developing a retail center in Shreveport – its first development in Louisiana. The new development, Camp Forbing Marketplace, will...
Texas Property Tax Appraisal Methods Often Fail to Reflect Market Value
HOUSTON — The Harris County Appraisal District, and other agencies that appraise private properties for tax purposes, have increased property appraisals sharply using mass appraisal...
TPG-Backed DTZ Acquiring Cushman & Wakefield to Create Commercial Realty Giant
NEW YORK – DTZ, a commercial real estate services backed by the TPG private equity firm, has agreed to acquire Cushman & Wakefield for $2...
Investor Buys Project Near San Antonio
PLEASANTON, Texas —STL Retail Properties of Missouri purchased Pleasanton Plaza, a 70,466-square-foot, Bealls-anchored center located in Pleasanton, near San Antonio. Bryan Belk of Atlanta office...
Crow Fund Buys 27 Warehouses in Houston and Dallas
HOUSTON – A private fund advised by Crow Holdings Capital – Real Estate (CHC-RE) purchased a 27-building, 2.35 million-square-foot, 95.6-percent leased industrial portfolio located in...
The Hotel That Invented “Elevator Music” will Reopen in Dallas
DALLAS – The 19-story Statler Hotel and Residences in downtown Dallas will be renovated and open in 2016 with Hilton’s Curio brand. Opening in 1956,...
New Office Project and Hotel Slated for Sugar Land
SUGAR LAND, Texas – Planned Community Developers has acquired five-acre lakefront site in Sugar Land where the Houston-based firm will develop a Class A office...
Spec Office to Break Ground One Mile From New Exxon Mobil Campus
HOUSTON – Archway Properties will break ground next month on an eight-story, 200,000-square-foot speculative office building approximately one mile north of ExxonMobil’s new campus. The building...